Federal Reserve Board chief Ben Bernanke says that nation's biggest banks will be subject to more rules and regulations in coming months in order to protect the financial system. Bernanke addresses the issue of oversight at a time when the economy's still struggling to find firm footing.
Schlumberger’s third-quarter performance in oilfield services is flat with the second quarter. Net income falls 48% on a year-over-year basis, but the company sounds a modestly optimistic note on prospects for an upturn.
Output in the euro zone grows in October at the fastest pace since late 2007, while a closely-watched gauge of German business sentiment posts a slight rise this month.
Honeywell reports a smaller third-quarter profit on Friday due to lower sales volume in its aerospace, transportation systems and automation businesses.